taxes Property Tax Assistance

2021 ISD Summary Worksheet

210-Shelby /Shelby County

210-905/Timpson ISD

Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 38,879,574 0.9154 42,472,770 38,879,574
B - MULTIFAMILY 492,510 N/A 492,510 492,510
C1 - VACANT LOTS 1,879,186 N/A 1,879,186 1,879,186
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,286,860 1.1348 13,470,423 15,286,860
D2 - FARM & RANCH IMP 10,541,780 1.0494 10,045,531 10,541,780
E - NON-AG LAND AND IMPROVEMENTS 60,958,368 0.9975 61,111,146 60,958,368
F1 - COMMERCIAL REAL 8,249,079 N/A 8,249,079 8,249,079
F2 - INDUSTRIAL REAL 3,827,410 N/A 3,827,410 3,827,410
G - ALL MINERALS 5,134,000 N/A 5,134,000 5,134,000
J - ALL UTILITIES 19,862,010 0.9532 20,837,191 19,862,010
L1 - COMMERCIAL PERSONAL 3,526,519 N/A 3,526,519 3,526,519
L2 - INDUSTRIAL PERSONAL 15,914,870 N/A 15,914,870 15,914,870
M1 - MOBILE HOMES 7,939,280 N/A 7,939,280 7,939,280
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,440 N/A 1,440 1,440
Subtotal 192,492,886 0 194,901,355 192,492,886
Less Total Deductions 37,900,059 0 40,698,751 37,900,059
Total Taxable Value 154,592,827 0 154,202,604 154,592,827

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4
160,907,433 154,592,827 154,263,732 147,949,126


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
6,314,606 6,643,701


T1 = School district taxable value for M & O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7 T8 T9 T10
160,907,433 154,592,827 154,263,732 147,949,126

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction


T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption

THE PVS FOUND YOUR LOCAL VALUE TO BE VALID, AND LOCAL VALUE WAS CERTIFIED

210-905-02/Timpson ISD



Category Local Tax Roll Value 2021 WTD Mean Ratio 2021 PTAD Value Estimate 2021 Value Assigned
A - SINGLE-FAMILY 38,879,574 0.9154 42,472,770 38,879,574
B - MULTIFAMILY 492,510 N/A 492,510 492,510
C1 - VACANT LOTS 1,879,186 N/A 1,879,186 1,879,186
C2 - COLONIA LOTS 0 N/A 0 0
D1 ACRES - QUALIFIED OPEN-SPACE LAND 15,286,860 1.1348 13,470,423 15,286,860
D2 - FARM & RANCH IMP 10,541,780 1.0494 10,045,531 10,541,780
E - NON-AG LAND AND IMPROVEMENTS 60,958,368 0.9975 61,111,146 60,958,368
F1 - COMMERCIAL REAL 8,249,079 N/A 8,249,079 8,249,079
F2 - INDUSTRIAL REAL 3,827,410 N/A 3,827,410 3,827,410
G - ALL MINERALS 5,134,000 N/A 5,134,000 5,134,000
J - ALL UTILITIES 19,862,010 0.9532 20,837,191 19,862,010
L1 - COMMERCIAL PERSONAL 3,526,519 N/A 3,526,519 3,526,519
L2 - INDUSTRIAL PERSONAL 15,914,870 N/A 15,914,870 15,914,870
M1 - MOBILE HOMES 7,939,280 N/A 7,939,280 7,939,280
N - INTANGIBLE PERSONAL PROPERTY 0 N/A 0 0
O - RESIDENTIAL INVENTORY 0 N/A 0 0
S - SPECIAL INVENTORY 1,440 N/A 1,440 1,440
Subtotal 192,492,886 194,901,355 192,492,886
Less Total Deductions 37,900,059 40,698,751 37,900,059
Total Taxable Value 154,592,827 154,202,604 154,592,827

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302(J) AND(K) require the Comptroller to certify alternative measures of school district wealth.These measures are reported for taxable values for maintenance and operation(M & O) tax purposes and for interest and sinking fund(I & S) tax purposes.For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M & O Purposes

T1 T2 T3 T4
160,907,433 154,592,827 154,263,732 147,949,126


Loss To
the Additional
$10,000 Homestead
Exemption
50 % of the loss
to the Local Optional
Percentage Homestead
Exemption
6,314,606 6,643,701


T1 = School district taxable value for M & O purposes before the loss to the additional $10, 000 homestead exemption

T2 = School district taxable value for M & O purposes after the loss to the additional $10, 000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50 % of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50 % of the loss to the local optional percentage homestead exemption

Value Taxable For I & S Purposes

T7 T8 T9 T10
160,907,433 154,592,827 154,263,732 147,949,126

T7 = School district taxable value for I & S purposes before the loss to the additional $10, 000 homestead exemption

T8 = School district taxable value for I & S purposes after the loss to the additional $10, 000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50 % of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50 % of the loss to the local optional percentage homestead exemption